# Unfold Bio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/unfold-bio

- Industry: Agribusiness
- Headquarters: Sacramento, US
- Website: www.unfold.ag
- Total disclosed funding: $30M
- Latest round: Series A (Aug 12, 2020)
- Investors on record: 2

## About

Unfold Bio Inc. is a biotechnology company focused on advancing agricultural innovations, particularly in creating crop varieties tailored for vertical farming, promoting sustainable practices in urban agriculture.Founded in 2020 in Sacramento, US, Unfold Bio Inc. specializes in developing innovative crop varieties for vertical farming. The company recently completed its Series A funding round in August 2020, raising USD 30.00 mn, co-led by investors Leaps by Bayer and Temasek Holdings.Unfold Joins De Ruiter specializes in advanced agricultural innovations, primarily focusing on developing novel varieties of crops specifically tailored for vertical farming environments. Their core product offerings include high-quality seed varieties that are optimized for indoor production, emphasizing desirable consumer traits and agronomics. These products are designed to address the increasing demand for sustainable and efficient agricultural practices, particularly in urban settings where space is limited. Unfold's collaboration with Bayer and their extensive partnerships across the food value chain enhance their service capacity, enabling them to cater to a diverse client base that includes commercial growers and large-scale retailers. The company operates in key geographical markets including North America, Europe, and Asia, effectively targeting regions with a growing interest in vertical farming solutions.The revenue structure of Unfold Joins De Ruiter is built around B2B transactions, primarily involving partnerships with commercial growers and retailers. The company's offerings enable them to establish strategic alliances within the agricultural ecosystem, which may involve subscription-based models for seed supply or product development collaborations. Pricing strategies for their seed varieties and related services reflect the value of the innovative agricultural solutions provided, although specific pricing details are not disclosed. Business transactions typically involve direct sales of proprietary seed products, as well as potential licensing agreements for their agricultural technologies, facilitating a streamlined approach to revenue generation while supporting partners in enhancing their operational efficiency.Unfold plans to utilize its Series A funding of USD 30.00 mn, raised in August 2020, to support the development of new seed varieties tailored for vertical farming. The company aims to expand its market presence particularly in regions of North America and Asia by 2023, enhancing its capabilities to serve commercial growers and retailers effectively.

## Funding rounds

- Series A, Aug 12, 2020, $30M — Temasek Holdings, Leaps by Bayer

## Investors

- Temasek Holdings — Series A
- Leaps by Bayer (https://capitalatlas.ai/funds/leaps-by-bayer) — Series A